HCL Tech appoints Prateek Aggarwal as CFO; to take over from October

Aggarwal will replace Anil Chanana, who will step down from his position on October 1.

The country's fourth largest software services firm HCL Technologies Limited has announced the appointment of Prateek Aggarwal as its new Chief Financial Officer (CFO). Aggarwal will take over from Anil Chanana from 1st October 2018. Chanana retire from the Company on 31st December 2018.

The Company constituted a Committee of the Board to review internal and external candidates and selected Aggarwal as a successor to the present Chief Financial Officer, HCL said in a statement.

Shiv Nadar, founder and chairman, HCL and Shiv Nadar Foundation said, “Prateek has been a key leader at HCL Technologies and has led various strategic initiatives driving the business growth over the years. I wish him all the very best in the elevated role. I would also like to thank Anil for his significant contribution to HCL for well over the three decades.”

C Vijayakumar, President & CEO, HCL Technologies, said that Aggarwal re-joined HCL Technologies in 2012 and has served across several leadership roles over the past six years. "His financial acumen and broad industry experience will be very valuable as we continue to execute on our transformation roadmap and Mode 1-2-3 growth strategy over the coming years,” said C Vijayakumar.

Aggarwal said that he is humbled by the trust and confidence placed in him. "As we continue to propel forward with industry leading growth, the role of Finance becomes even more strategic and I look forward to working closely with Vijay and the team in our journey to sustain and enhance stakeholder value," said Aggarwal.